12.5 Noon BTC, ETH Brief Analysis:
After breaking down 91000 in the early morning, it rebounded and is currently fluctuating around 92200 within 200 points; the lower band of the hourly Bollinger Bands is moving downward, and the price has been unable to maintain above the middle band at 92500, while the MA30 is concurrently under pressure at 92800;
The rebound momentum on the 4-hour chart is insufficient, vaguely showing a 'round top' trend.
I still suggest opening a short position at the current price of 92500, adding to the position near 92900--93000 to average down, with the risk control set around 93400, targeting 91500;
The performance of Ethereum during the day is slightly stronger than Bitcoin, but the rebound is still suppressed by the upper band at 3200 on the hourly chart. I also suggest opening a short position near 3180, which has a more favorable cost than my earlier short position. Add to the position around 3220 to average down, and manage risk well around 3250!
The principle of contracts is primarily stability, with light positions, and reducing frequency. It is worth your reflection and careful consideration $BTC
